Synergy Choice Income Annuity – Guaranteed Income Growth with Powerful Multipliers and Market Protection
At Diversified Insurance Brokers, we help clients build secure retirement strategies through annuities that offer guaranteed lifetime income, market protection, and tax-deferred growth. The Synergy Choice™ Income Fixed Indexed Annuity, issued by Aspida Life Insurance Company, is a standout option for individuals seeking a strong foundation for retirement with guaranteed income that grows over time.
Ensure you are receiving the absolute top rates
Current Fixed Annuity Rates
Compare today’s best fixed annuity rates from top carriers.
Current Bonus Annuity Rates
See which annuities offer the highest upfront bonus today.
Request an Annuity Quote
Submit our annuity request form to get personalized rate options.
Lifetime Income Calculator
Use our calculator to see how much guaranteed income your annuity can provide.
Immediate Boost with 25% Benefit Base Bonus
From day one, the Synergy Choice Income Annuity gives your retirement plan a head start with a 25% Benefit Base Bonus applied to your income base. This immediately increases the foundation for calculating your future guaranteed income, providing an exceptional value right out of the gate.
Reliable Income Growth with a 10% Roll-Up Rate
The annuity includes a 10% roll-up rate for 10 years, compounding annually to grow your income base even further. This feature ensures that your future income will steadily increase, even in years when the market is flat or declining.
Guaranteed Lifetime Income with the GLWB Rider
The Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider is automatically included and ensures that you’ll receive income for life—even if your account value drops to zero. This feature adds long-term peace of mind and income stability for retirees who want predictable cash flow throughout retirement.
Enhanced Income for Nursing Home Care
If you qualify due to long-term care needs, the Enhanced Nursing Home Multiplier can increase your income withdrawals for up to five years, providing critical financial support when health needs increase.
Tax-Deferred Growth and Flexible Access
Earnings within the annuity grow tax-deferred, helping you accumulate more over time without immediate taxation. Additionally, you can take penalty-free withdrawals of up to 10% annually after the first year, offering the flexibility to access your funds without disrupting your long-term strategy.
Why Work With Diversified Insurance Brokers
We partner with top-rated annuity carriers and guide you through every detail, from product selection to strategy implementation. With the Synergy Choice Income Annuity, our team ensures you’re positioned for growth, guaranteed income, and protection against the unexpected.
🎯 Ready to secure guaranteed income and maximize your retirement potential?
Submit a quote request here to see if the Synergy Choice Income Annuity is a good fit for your financial future.
Talk to an Advisor or Request Your Annuity Quote
Ready to explore this annuity in more detail—or compare it with other carriers to see if even higher rates are available? With guaranteed income, principal protection, and long-term growth potential on the line, making the right choice is essential. The experienced advisors at Diversified Insurance Brokers will guide you through the options and design a strategy tailored to your retirement goals.
Licensed in all 50 states • Fiduciary, family-owned since 1980
FAQs: Synergy Choice Income Annuity
What is the Synergy Choice Income Annuity?
The Synergy Choice Income Annuity is an annuity contract intended to help build retirement savings, with the potential to convert accumulated value into a structured income stream when you choose. It typically combines principal protection with conservative growth and income flexibility for retirement planning.
How does growth or interest crediting work?
Depending on the version, the annuity may offer fixed-interest crediting or indexed/bonus crediting options. Whatever the method, growth inside the contract is tax-deferred until you begin withdrawals or income payments.
Is my principal protected from market risks?
Yes. Since this is not a direct equity investment, the principal (accumulation value) is protected from market downturns. Your value will not drop due to stock-market losses alone, though withdrawals or surrender may affect guarantees.
When can I begin receiving income, and how?
You can choose to begin income distributions or structured payouts at a date specified in the contract. Payout options usually include lifetime income, joint-life, or period-certain distributions depending on the features selected.
Can I withdraw money before income begins?
Most contracts allow limited free withdrawals annually (often a percentage of account value) once initial conditions are met (e.g., after the first year). Larger withdrawals or full surrender during the surrender period may trigger charges or affect income guarantees.
What are surrender charges and liquidity restrictions?
The contract typically includes a surrender-charge period. Early surrender or withdrawals beyond allowed amounts may lead to surrender fees or reductions to benefit guarantees, limiting liquidity during early years.
How are earnings and distributions taxed?
Earnings inside the annuity are tax-deferred. Distributions or income payments are generally taxed as ordinary income. Withdrawals before age 59½ may also be subject to additional tax penalties under IRS rules.
What happens if I die before or after income starts?
Depending on the contract and payout options chosen, your beneficiaries may receive a death benefit. If income payments have started, certain plans may allow continuation under joint-life or period-certain options. Actual benefit depends on chosen contract terms.
Who is Synergy Choice Income best suited for?
This annuity may be appropriate for savers who value principal protection, deferred tax-advantaged growth, and want a flexible pathway to retirement income without direct market exposure. Particularly suited for those with a longer-term horizon and moderate liquidity needs.
What should I review carefully before buying?
Important considerations include surrender-charge schedule, withdrawal restrictions, payout/rider fees, how crediting formulas may affect returns, and how contract terms match your liquidity and income needs over time.
About the Author:
Jason Stolz, CLTC, CRPC, is a senior insurance and retirement professional with more than two decades of real-world experience helping individuals, families, and business owners protect their income, assets, and long-term financial stability. As a long-time partner of the nationally licensed independent agency Diversified Insurance Brokers, Jason provides trusted guidance across multiple specialties—including fixed and indexed annuities, long-term care planning, personal and business disability insurance, life insurance solutions, and short-term health coverage. Diversified Insurance Brokers maintains active contracts with over 100 highly rated insurance carriers, ensuring clients have access to a broad and competitive marketplace.
His practical, education-first approach has earned recognition in publications such as VoyageATL, highlighting his commitment to financial clarity and client-focused planning. Drawing on deep product knowledge and years of hands-on field experience, Jason helps clients evaluate carriers, compare strategies, and build retirement and protection plans that are both secure and cost-efficient.
